12057 Tift Circle, Orlando, FL 32826
- $1,075,000
- 2
- BD
- 3
- BA
- 976
- SqFt
- List Price
- $1,075,000
- Status
- Active
- Days on Market
- 44
- MLS#
- O6415050
- Property Style
- Townhouse
- Year Built
- 1982
- Bedrooms
- 2
- Bathrooms
- 3
- Baths Half
- 1
- Living Area
- 976
- Lot Size
- 2,778
- Acres
- 0.06
- Total Acreage
- 0 to less than 1/4
- Building Name
- Units 12057, 12059, 12061, And
- Legal Subdivision Name
- Cambridge Circle
- MLS Area Major
- Orlando/Alafaya
Property Description
Great opportunity to acquire a portfolio of four well-maintained adjacent townhomes in the Cambridge Circle community near UCF. All four townhomes are being sold together as a portfolio and include units 12057, 12059, 12061, and 12063. The portfolio consists of four townhomes totaling 3,904 SF with 8 bedrooms, 8 full bathrooms, and 4 half bathrooms, situated on 0.30 acres. Each two-story townhome offers a 976 SF functional floor plan with 2 beds and 2.5 baths, and a private fenced backyard. Roof replaced in 2017. HVAC systems were replaced in 2015 (Unit 12057), 2025 (Unit 12059 and Unit 12061), and 2022 (Unit 12063). All units feature tile flooring on the first floor. Units 12057 and 12063 have carpet on the second floor, while Units 12059 and 12061 feature new vinyl plank flooring upstairs. All units feature upgraded first-floor windows and sliding glass doors, while the second-floor double-pane windows are original. All units have been updated with stainless steel stoves and refrigerators. Unit 12061 also features upgraded LED lighting. HOA dues are $72/month for each townhome and include lawn and other common area maintenance. Tenants in all units are responsible for their own electricity, water, internet, A/C filter replacement, and maintenance of the fenced backyard area. All units are separately metered. Unit 12057 is leased at $1500/month on a month-to-month lease. Unit 12059 is currently vacant for convenient showings. Unit 12061 is leased at $1600/month on a month-to-month lease. Unit 12063 is leased at $1640/month. The portfolio benefits from strong rental demand, being located in the high-demand East Orlando rental market near UCF (1.8 miles, 5 min), Central Florida Research Park (2.2 miles, 6 min), Publix (1.8 miles, 6 min), and Waterford Lakes Town Center (2.5 miles, 9 min), with convenient access to SR-408 and SR-417. Distances and drive times are approximate. With Unit 12059 currently vacant, buyers have the flexibility to occupy one unit while collecting rental income from the remaining three units. Also, an excellent opportunity for investors seeking stable rental income and long-term appreciation in a high-demand Orlando submarket. Schedule a showing today!
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Additional Information
- Taxes
- $2909
- Minimum Lease
- 1 Month
- Hoa Fee
- $72
- HOA Payment Schedule
- Monthly
- Maintenance Includes
- Maintenance Structure, Other
- Community Features
- Sidewalks, No Deed Restriction
- Property Description
- Two Story
- Zoning
- R-3
- Interior Layout
- Ceiling Fans(s), PrimaryBedroom Upstairs
- Interior Features
- Ceiling Fans(s), PrimaryBedroom Upstairs
- Floor
- Ceramic Tile, Luxury Vinyl, Tile, Vinyl
- Appliances
- Cooktop, Dishwasher, Disposal, Range Hood, Refrigerator
- Utilities
- Cable Available, Natural Gas Available, Sewer Available, Water Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco
- Exterior Features
- Awning(s), Sidewalk
- Roof
- Shingle
- Foundation
- Other
- Pool
- No Pool
- Elementary School
- Riverdale Elem
- Middle School
- Corner Lake Middle
- High School
- University High
- Fences
- Fenced
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 15-22-31-1133-00-220
- Legal Description
- CAMBRIDGE CIRCLE 10/128 THE W 26.15 FT OF LOT 22
Listing courtesy of KELLER WILLIAMS REALTY AT THE PARKS. 407-629-4420
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